answersLogoWhite

0

Yes, a verbal contract between two or more parties can be legally binding, but it may be more difficult to enforce compared to a written contract.

User Avatar

AnswerBot

8mo ago

What else can I help you with?

Related Questions

Is a legally-binding agreement between two or more parties.?

A contract is a legally binding agreement between two or more parties.


A is a legallybinding agreement between two or more partie?

A contract is a legally binding agreement between two or more parties.


Is off the record legally binding?

No, information that is "off the record" is not legally binding. It is an agreement between the parties involved, but it does not hold the same weight as a legally binding contract.


What can I do to cement an agreement between two parties and make it legally binding?

You can draft a contract that states the terms of sub-letting the office space, and get both parties to sign it. This will make the agreement legally binding.


What is a contract, which is an agreement between two parties that creates an obligation?

A contract is a legally binding agreement between two parties that establishes a mutual obligation to fulfill certain terms and conditions.


What are Legally Binding Contract Terms?

The text set forth in any contract explains its terms. Once the parties have signed all the provisions in the contract become mandatory as between the parties.


How binding is a purchase agreement?

Contracts are legally binding on both parties to them.


Can a car dealership refuse to pay off trade when it is in the contract?

A contract is a legally binding agreement between the parties who have signed it, unless written into the contract otherwise, all parties are bound by the terms of the agreement/contract they signed.


Is it possible for a text message to be legally binding?

Yes, a text message can be legally binding if it meets the requirements for a contract, such as offer, acceptance, and consideration, and if both parties intend for it to be legally binding.


Is agreement synonymous with contract?

No, agreement is not synonymous with contract. An agreement is a mutual understanding between parties, while a contract is a legally binding agreement that outlines specific terms and conditions.


In contract law, how is consideration characterized?

Consideration in contract law is characterized as something of value exchanged between parties, such as money, goods, or services, in order to make a contract legally binding.


What are legally binding contracts?

A legally binding document is one whose terms can be enforced by a court of law. An example is a marriage certificate and a contract.

Trending Questions
Is it illegal to access the dark web? Where can one find reputable solicitors online? What is the statute of limitations for a littering ticket? Are Americans today governed by a constitution that traces its origins back to events in England in the 1200s? The concept that a search requires a physical invasion into a constitutionally protected area is called the? Does former judge edward katrinic have a law degree? Leading democratic politician whose intervention narrowly tipped the senate vote in favor of acquiring the philippines in 1899? You were married 17 years to your exhusband and you remarried for 3 months and divorced him will you still be elgible for his retirement since you divorced the 2nd time? What is the yearly cost to keep a convict in prison? Can a mother take her child away from his father a few months? At the end of the life estate what type of estate does the remainderman have? How much time for a minor charged with assault with a deadly weapon? What does an amendment to a bill do? What is the Gun Control Act of 1934? How do you write affidavit in support of ex-parte motion? What is Pursuit of happiness under the Constitution? Can you get in trouble for being on a lease and have someone else take your place but still paying rent? After 6 years of marriage to a Turkish man we both want to divorce. He inherited houses etc from his family after they past way two years ago Am I entitled to any of this? What is the salary for an Iowa state senator? If you had a notary use someone else's notary stamp and forge the signature what can you do and to whom do you report this issuse?